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«Commerce» solicits opinions on draft penalties for not filing financial statements within the statutory period

Reading time: < 1 MinuteThe Ministry of Commerce has submitted a draft ministerial decision on direct penalties for violating the failure to file financial statements within the statutory period. Read more

The proposed decision sets direct and graduated fines for companies that do not comply with filing their financial statements, taking into account small enterprises and soliciting feedback.

07/05/2026

ماهي خطوات وأسباب إلغاء ترخيص الإعلان العقاري إلكترونيًا؟

الهيئة تتيح للوسطاء إلغاء تراخيص الإعلانات إلكترونياً بسرعة، مع تحديث الحالة وإرسال إشعار ورمز QR أحمر.

Zakat, Tax and Customs Authority

Defining the criteria for selecting the target organizations in Group 21 for the connectivity and integration phase of e-invoicing

هيئة الزكاة والضريبة استهدفت منشآت إيرادها الخاضع للضريبة أكثر من 1.25 مليون ريال لربط فاتورة قبل 30 نوفمبر 2025

Ejar e-Agency Acceptance Requirements

Detailing the legal and technical controls and conditions for approving the electronic power of attorney through the government platform for the real estate field.

Working hours in the real estate sector during Ramadan Completion and delivery challenges

Shortened working hours during Ramadan exposes real estate projects to delays and calls for solutions such as shifts and project management.

“Municipalities and Housing launches engineering qualification service

The ministry announced the start of the first phase of qualifying engineering offices and listing them on the Baladi Business platform until July 2025.

Head of the Contractors Authority expects the contracting sector to grow by 5% until 2030

Ajlan: 18,000 projects and plans to spend trillions of riyals and promote alliances between Saudi and foreign companies.

Zakat, Tax and Customs Authority

Details... Learn about the draft executive regulations of the real estate transaction tax system

KDIPA releases draft real estate transaction tax regulations and invites comments between February 15 and March 15, 2025

Australia

Australia imposes a ban on foreigners buying real estate What are the reasons?

A two-year ban that prevents foreign companies and temporary residents from buying existing residential homes from April 1.

New agreement to boost infrastructure for electric vehicle charging stations

Riyadh Development signs EVIQ to develop charging stations on its assets and support Riyadh's transformation into a smart and sustainable city

Residential program

Contractors Authority launches the 5th International Contracting Conference in Riyadh

The conference will be held at Riyadh Front February 15-16, 2025 in conjunction with the Big5 Saudi exhibition and is aimed at leaders in the construction industry.

Emir of Riyadh reviews the goals of the Infrastructure Projects Center to raise the level of control and compliance

The District Secretary and CEO reviewed the plan to coordinate infrastructure projects, strengthen oversight, and deliver the Center's 2024 report.

Enforcement logo

“Enforcement announces 54 auctions to sell 538 assets in 12 regions of the Kingdom

The auctions will be held between February 15 and 27, 2025 and will feature real estate, watches and machinery with live and online attendance with details on the center's website.

Saudi Arabia's infrastructure needs $1 trillion in investment over 10 years

Private sector contribution rises to 46% and reaches 65% with PIF's portfolio.

Land Registry and Thiqaqa sign MoU to convert paper deeds into electronic ones

The partnership aims to build a digital platform and data exchange to accelerate in-kind registration and achieve 80% coverage within five years.

Logo of Al Diriyah Company

“Diriyah and the Contractors Authority sign a tripartite memorandum of understanding to develop dealing mechanisms

Accelerate the coordination of data sharing, address organizational challenges, and develop Diriyah projects to support the Kingdom's Vision 2030 goals

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